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Foreclosure Homes in Jericho, NY 11753

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Jericho, NY Foreclosures

How much do homes sell for in Jericho, NY?
The average home price is currently $1,331,280.
In Jericho, NY, how many homes are available?
There are currently 9 active home listings available in Jericho.
What’s the average rental cost in Jericho, NY?
The average rental price in Jericho is $4,540.
What is the most expensive home in Jericho?
The most expensive home sold in Jericho had a price of $12,700,775.
What is currently the cheapest priced home in Jericho, NY?
The cheapest home for sale in Jericho is priced at $22,554.

Living in Jericho, NY

Jericho, NY, is a picturesque suburban area in Nassau County, offering a blend of excellent educational opportunities, vibrant community life, and easy access to urban amenities. This family-friendly town is characterized by its well-maintained neighborhoods, parks, and a strong sense of community. Jericho’s prime location provides a balance of peaceful suburban living and convenient access to the cultural offerings of New York City.

Current Market Conditions in Jericho, NY

The real estate market in Jericho remains strong, with demand for homes increasing due to the area's reputation for excellent schools and community services. As of late 2023, listings are receiving considerable interest, often attracting multiple offers, especially for single-family homes.

Investments in new construction and renovations are noticeable as buyers seek to capitalize on the scarcity of real estate options in the area. The market is characterized by a competitive atmosphere, with homes typically selling quickly and at prices reflecting the desirability of the location.

Home Value Estimator For Jericho, NY

There are currently 3,908 real estate properties in Jericho, NY, with a median automated valuation model (AVM) price of $1,255,509.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jericho, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jericho, NY, is $1,331,280.00, with the most expensive house in Jericho, NY, topping out at $12,700,775.00 and the cheapest home in Jericho, NY, clocking in at $22,554.00. In other words, there’s something for every potential homebuyer or savvy investor in Jericho, NY!

Rent Prices In Jericho, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jericho, NY, is on a rollercoaster ride. The average rent price in Jericho, NY, is $4,540.00. Indeed, when looking to rent in Jericho, NY, you can expect to pay as little as $1,660.00 or as much as $7,620.00, with the average rent median estimated to be $4,500.00. The good news is that finding an affordable and desirable property to rent in Jericho, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Jericho, NY 11753 Foreclosures

Market Trend for Jericho, NY

Total Listings Available: 9

Market Values:

Home Prices from $22,554 to $12,700,775

Average Sales Price: $1,331,280

Rental Values:

Rental from $1,660 to $7,620

Average Rent Value: $4,540 / month

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